Tag Archives: Clinical Trials

Importance of Supply Chain in the life science industry

Supply chain management is critical for companies selling into the life science industry for a number of reasons: Overall, supply chain management is critical for companies selling into the life science industry, and can have a significant impact on quality, timeliness, risk management, cost efficiency, and customer satisfaction.

Move toward biologics in clinical trials

As of 2021, there are more biologics in clinical trials compared to small molecules. According to a report by the Pharmaceutical Research and Manufacturers of America (PhRMA), in 2020, there were 6,895 biologics in clinical trials, compared to 3,819 small molecules. Trend moving towards biologics The trend of increasing clinical trials for biologics has been […]

Process in developing a new pharmaceutical drug

Developing a new pharmaceutical drug is a complex and time-consuming process that involves numerous stages and requires a significant investment of resources. In this article, we will explore the key steps involved in the development of a new pharmaceutical drug, from initial research to market approval. Stage 1: Discovery and Preclinical Testing The discovery stage […]

Importance of market data in the pharmaceutical industry

The pharmaceutical industry is a complex and highly regulated industry that requires a significant amount of research, development, and investment to bring new drugs to market. One critical component of this process is market data, which refers to information about the pharmaceutical market, such as market size, demographics, pricing, and competition. In this blog, we […]

Process of making a drug

The process of making a drug is a complex and multi-stage process that typically takes several years and involves numerous steps, including discovery, pre-clinical development, clinical trials, and regulatory approval. Here is a brief overview of the drug development process: Overall, the process of making a drug is a complex and highly regulated process that […]

What are companies looking for in the life science market?

Companies in the life science market are typically looking for products, technologies, and services that will enable them to develop and commercialize innovative new therapies and diagnostics, and ultimately improve patient outcomes. Here are some specific areas of interest for companies in the life science market: Overall, companies in the life science market are focused […]